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De Beers continues to see good demand

01 August 2017 09:15

Anglo American said the value of rough diamond sales for De Beers's sixth sales cycle of 2017, amounted to $572 million. De Beers chief executive Bruce Cleaver said: "The sixth sales cycle of the year maintained the trend of consistently good demand for De Beers rough diamonds across the product range.

"With Diwali being earlier than normal in 2017, we saw some demand from Indian diamantaires pulled forward from Sight 7.

"This was due to these customers needing to make rough diamond purchases in sufficient time to complete their polishing before the holiday begins."

At 9:15am: (LON:AAL) Anglo American PLC share price was +1p at 1253.5p

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